Examlex
Which of the following would not be considered a company with high operating leverage?
Unearned Subscription Revenue
Refers to the money received for services or products that have not yet been delivered or performed, often recognized as a liability on the balance sheet.
Office Supplies
Consumable items used in offices or businesses for daily activities, such as pens, paper, and staplers.
Cash
Money in the form of coins or banknotes, especially that held by an organization or in a financial institution.
Total Asset Turnover Ratio
The total asset turnover ratio measures how efficiently a company uses its assets to generate sales, calculated by dividing revenue by total assets.
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